Noida, UP -- (SBWire) -- 02/22/2011 -- According to our latest research report “Cosmetics and Toiletries Market in China” the cosmetics and toiletries industry in China has witnessed an exponential growth during the last few years. The country is the third largest market for cosmetics and toiletries, after the U.S and Japan, but still, the potential is far greater in terms of population and average per capita use of cosmetics. The products of this industry were once considered to be luxury items, however now, these products are fast becoming necessities and will witness continuous growth during the next few years. It is expected that the cosmetics and toiletries market in China will grow at a CAGR of around 12% during 2011-2014.
According to our research, although the country will witness an increased share for all sub segments of the market, the primary driver for overall market will be skin care segment. Along with this segment, activity in hair care, color cosmetics, and fragrances segment will also sustain upward growth trend during the coming years on the back of various reasons discussed in the report.
Further, our report discusses the direction in which the cosmetics and toiletries market is likely to move in near term. The report also features forecasts for growth in all market segments, individually. It also includes changing dynamics of market share among market players and brands in each segment. Apart from this, our report provides information on the regulatory developments in the country’s cosmetics and toiletries industry.
“Cosmetics and Toiletries Market in China” provides latest developments in the cosmetics and toiletries of China. The report thoroughly discusses all-important facets of the industry. Besides, the report analyzes the market drivers critical for the further growth of the industry along with their impact on the cosmetics and toiletries industry. Additionally, the report sheds light on the emerging market opportunities and challenges, which are expected to decide the future of the Chinese cosmetics and toiletries industry.
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